Hillary Clinton announced at the 2014 Clinton Global Initiative Annual Meeting Grameen America's commitment to invest $50 million in over 7,000 women-owned businesses in Harlem through 2020. In 2008, Nobel Peace Laureate Muhammad Yunus successfully implemented his microfinance model in Queens and is now expanding this program to serve low-income women in Harlem.

The launch of the Grameen America Training Institute in Long Island City, Queens was featured in CNN Money this morning.
Andrea Jung, Grameen America President and CEO, explained the "critical, pivotal role" that loan officers play as the gateway to capital for borrowers. "Part of scaling nationally is embedding best practices to our loan officers," she said. The Training Institute is a crucial step in laying the groundwork for this expansion.
Read the full article here.

Far West Capital, a commercial finance company for high-growth entrepreneurs, just launched a new social impact initiative: Far Reaching. The fundraiser supports Grameen America's program in Austin. Far West Capital is committed to raising $100,000 by the end of 2014, and will donate $50,000 in matching funds to serve low-income entrepreneurial women to build better lives for their families.

This week's roundup delves into the significant growth of microfinance, and a new way to look at progress in the fight against poverty. At the World Economic Forum in Davos, Grameen America Board Chair Muhammad Yunus discusses how to take philanthropy to the next level alongside Sir Richard Branson and Bill Gates.

Grameen America was proud to celebrate the grand opening of Whole Foods Market in Detroit on June 5th. Whole Foods Market Co-CEO, Walter Robb, and Detroit Mayor, David Bing joined local residents to celebrate the event. Grameen America and Whole Foods Market held a joint reception at Wayne State University that evening to celebrate our enduring partnership and investment in the city of Detroit. Walter Robb announced the $1M commitment to Grameen America through Whole Planet Foundation, the company's non-profit dedicated to alleviating poverty worldwide.

This month, Grameen America joined Bill Clinton and the Clinton Global Initiative to mark the start of the third meeting of CGI America in Chicago. Nearly 1,000 business, government, and non-profit leaders converged to address the recovery of the United States’ economy. This year's meeting included remarks from Chicago Mayor Rahm Emanuel, United Sates Treasury Secretary Jacob J.